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South America Grain Weather from WxRisk.com

walshtrading General Commentary, Grains, Weather Leave a Comment

For the complete South America Grain Weather Report, CLICK HERE.

Summary:

Argentina –

The Models over the weekend and this Monday morning have NOT changed at all. The lack of ANY rain over 0.50″/
12mm over any portion of Argentina over the next 10 days is really quite remarkable. The 11-15 day operational or
regular GFS model does bring some moderate rains into all of Argentina, but the GFS ensembles are much drier as is
the European ensemble. This just highlights how awful the Operational or regular GFS model is in the 11-15 day.
None of the MJO data has changed either … and both the Rossby wave week 3 and week 4 model and the CFS week … week 4 … and week 5 … keeps all of Argentina in Below Normal or Much Below Normal rainfall.

Brazil –

In Brazil all models still show HUGE rains over the next 10 days. The GFS and even the operational European model has 12-17 inches of rain over central Brazil. For weeks and months much of central and eastern Brazil has been in a severe drought and some of this drought has been going on for years. If this data is correct the drought may end by FEB 10.
Current weather conditions are presented for Argentina and Brazil along with next 30 days rain and temperature projections.
For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly what hedgers and investors should be looking for in the future. Upon sign-up a recording link will be sent to your email in case you are unable to attend live. Sean and Ben will host their next webinar on Thursday, February 1st at 3PM CST. REGISTER NOW.

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